[ad_1] The Reserve Bank on Friday said it has imposed a Rs 4.88 lakh penalty on HDFC Bank for contravention of certain norms relating to foreign investment in India while granting a term loan to its client. The central bank also imposed a penalty of Rs 2.70 lakh on Shriram Finance Limited for non-compliance with certain provisions of the “Reserve

[ad_1] Chief Minister Siddaramaiah, Deputy Chief Minister D.K. Shivakumar in the annual general meeting of the Krishna Bhagya Jala Nigam Board of Directors and all-member session held at Vidhana Soudha Deputy Chief Minister and KPCC President D.K. Shivakumar declined to comment on speculation around a change in leadership, asserting the party has appointed him as Deputy CM and that remains

[ad_1] Kansas City Chiefs quarterback Patrick Mahomes has added “coffee entrepreneur” to his already packed resume. The three-time Super Bowl champion has invested in Throne Sport Coffee, adding to the 29-year-old superstar’s portfolio off the field. As his Chiefs and the rest of the NFL gear up for the upcoming season, Mahomes spoke to CNBC about his interest in coffee,

[ad_1] The return of lotus has not only revived the lake’s ecology but also reignited economic hopes for communities that once depended on it After more than three decades, nadru (lotus stem) is set to make a comeback in Kashmir’s Wular Lake, with lotus flowers now blooming across vast stretches of the water body. For the first time since 1992, lotus flowers

[ad_1] Maharashtra Chief Minister Devendra Fadnavis | Photo Credit: SHASHANK PARADE   Maharashtra government hopes to start the work on the country’s first offshore airport at Vadhavan near Mumbai in 2026, Chief Minister Devendra Fadnavis said on Friday. Jawaharlal Nehru Port Authority (JNPA) is developing a deep draft port in Vadhavan which is situated 140 kilometres north of Mumbai. Along

[ad_1] Levi Strauss raised its full-year guidance Thursday and said it’s working to absorb some of the costs it’s facing from higher tariffs, but that could change as President Donald Trump’s trade policy evolves.  The denim maker doesn’t disclose its key manufacturing hubs, but much of its supply comes from Southeast Asia. Many countries in the region have been targeted

[ad_1] The head of Ukrainian military intelligence, Kyrylo Budanov, has claimed that North Korea is now supplying as much as 40 per cent of Russia’s ammunition for the war in Ukraine. This deepening partnership between Pyongyang and Moscow involves the exchange of ballistic missiles and artillery systems from North Korea in return for money and technology from Russia.   Deepening Russia-North

[ad_1] Press Release – Puravankara | Photo Credit: GRJGM Puravankara Limited has reported pre-sales of ₹1,124 crore in Q1 FY26, up by 6 per cent year-on-year (y-o-y). The average price realisation was up by 9 per cent (y-o-y), while customer collections for the quarter stood at ₹857 crore.  Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara Ltd., said,

[ad_1] The Food and Drug Administration will consider drug affordability when granting companies new vouchers that speed up approvals of some treatments, the agency’s Commissioner Marty Makary told CNBC on Friday.  The FDA in June announced a national priority voucher plan that aims to cut drug review times to one-to-two months for companies it says are supporting “U.S. national interests.”

[ad_1] The under-subscription of the ₹2.5 lakh crore auction amount suggests that banks are reluctant to park large amounts for longer durations. | Photo Credit: REUTERS The Reserve Bank of India (RBI) on Friday received bids amounting to ₹1.51 lakh crore for the 7-day Variable Rate Reverse Repo (VRRR) auction, against the notified amount of ₹2.5 lakh crore at a

[ad_1] With Maharashtra minister Sanjay Shirsat’s video of smoking in a hotel room with what is being claimed to be a bag stuffed with cash lying around surfaced online, he has reacted to it and called it ‘well-thought-out conspiracy’, reported ANI. Speaking to ANI, Sanjay Shirsat defended himself and said, as quoted by ANI, “This is a well-thought-out conspiracy. I

[ad_1] European Centre for Medium-Range Weather Forecasts indicates in an extended outlook that heavy rain may lift from most of North-West and East India except the Himalayan foothills and parts of Central India and West Coast by July 26. | Photo Credit: www.tropicaltidbits.com Heavy to very heavy rainfall is likely to continue over Central and adjoining North-West India during next

[ad_1] It is the company’s first paperless import transaction under a letter of credit, backed by digital processes.  | Photo Credit: FRANCIS MASCARENHAS Tata Steel has executed its first import shipment of coal using an electronic bill of lading (eBL) — a digital version of the traditional paper document used in global shipping, with full bank integration. The transaction involved

[ad_1] After the Department of Financial Services’ (DFS) intervention, Insurance Regulatory and Development Authority of India (IRDAI) is preparing to send a show cause notice against insurance companies.  DFS had discussed IRDAI’s intervention in the matter of health insurance companies increasing health premiums too much, Zee Business reported. According to IRDAI, seven companies violated the master circular of health insurance. Many

[ad_1] The Indian government is planning to roll out a Rs 1,345 crore subsidy scheme aimed at promoting the production of Rare Earth magnets, Union Minister of Heavy Industry H.D. Kumaraswamy announced on Friday. The proposed scheme is currently under inter-ministerial consultation and is expected to support two manufacturers initially, though this number could change once the policy is finalised.

[ad_1] General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images More than a year before “F1: The Movie” would eventually hit theaters, Apple struck a deal with IMAX. The studio secured the use of IMAX’s camera

[ad_1]  During his two-week stay on the space station, Shukla interacted with Prime Minister Narendra Modi, spoke to scientists at ISRO, addressed school students in a live session and also connected to ISRO centres using HAM radio | Photo Credit: Grace Paul _12112@Chennai The family of astronaut Shubhanshu Shukla, currently aboard the International Space Station (ISS) as part of NASA’s

[ad_1] TCS had previously disclosed in April that salary increases would be postponed due to business uncertainties. (AI image) Employees of Tata Consultancy Services (TCS) will have to wait a little longer for clarity on salary hikes. In its June quarter financial results announcement, India’s largest IT services firm has indicated that decisions regarding salary increases are still pending.“We have

[ad_1] Proposed State Secretariat and Heads of Departments building structures as designed by the APCRDA in Amaravati capital city. | Photo Credit: ARRANGEMENT The Andhra Pradesh Capital Region Development Authority (APCRDA) has entered into a Memorandum of Understanding (MoU) with the National Bank for Financing Infrastructure and Development (NaBFID) for transaction advisory services (TAS).  Acting as a strategic advisor, the institution will

[ad_1] (Maharashtra) [India], July 11 (ANI) Stock exchanges BSE and NSE have jointly urged market participants to take into account several important factors while investing in bonds through various online platforms. In a joint statement Friday, the stock exchanges have advised investors to check the bond’s credit rating, the issuer’s track record in timely repayments, the liquidity of the instrument,

[ad_1] The newest hire at Goldman Sachs isn’t human. The bank is testing an autonomous software engineer from artificial intelligence startup Cognition that is expected to soon join the ranks of the firm’s 12,000 human developers, Goldman tech chief Marco Argenti told CNBC. The program, named Devin, became known in technology circles last year with Cognition’s claim that it had

[ad_1] The National Highway Authority of India (NHAI) has decided to blacklist ‘Loose FASTags’, commonly known as ‘tag-in-hand’, to ensure smooth tolling operations, the Ministry of Road Transport & Highways said in an official release today, July 11. “With the move, the authority has further streamlined its policy for the Toll Collecting Agencies and concessionaires to immediately report ‘loose FASTags’.

[ad_1] Stock markets mostly retreated as Trump ramped up his trade war. File | Photo Credit: Reuters Global stock markets mostly retreated on Friday (July 11, 2025) as U.S. President Donald Trump ramped up his trade war, threatening a higher blanket tariff and a 35% levy on Canada. Mr. Trump dampened earlier optimism by firing off more than 20 letters to

[ad_1] Meta CEO Mark Zuckerberg and Square CEO Jack Dorsey. Manuel Orbegozo | Handout | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Even as tax changes may reduce giving by the wealthy, a leading